Acrimony over trade, politics sinking China-US ties further
The White House's move to expand Washington's dispute with Beijing beyond trade and technology and into accusations of political meddling have sunk relations between the world's two largest economies to their lowest level since the end of the Cold War.
Business Highlights
___ Stocks mostly recover from an early plunge on Wall Street NEW YORK (AP) — A turbulent day on Wall Street ended Tuesday with stocks climbing nearly all the way out of a steep, broad sell-off that at one point erased more than 500 points from the Dow Jones Industrial Average.
How major US stock indexes fared Tuesday
Stocks closed lower Tuesday after climbing back from an early plunge, giving the benchmark S&P 500 index its fifth-straight loss.
EU rejects Italy's budget, raising stakes in dispute
The European Commission has rejected Italy's proposed budget for next year, arguing its deficit and spending are out of line to keep its debt in control.
Markets Right Now: US stocks erase much of an early swoon
The latest on developments in financial markets (all times local): 9:35 a.m.
Trump says ‘major tax cut’ on the way for middle class
The president made the remarks as the midterm elections approach.
Clarification: Tax Overhaul-Development Zones story
The Trump administration is proposing rules for investors in a new program that it says could have a big impact on economically depressed areas around the country.
New Puerto Rico fiscal plan OK'd; governor says too austere
A federal control board has approved a five-year fiscal plan for Puerto Rico, though Gov. Ricardo Rossello warns it's too austere and will affect government services.
America's 'good' jobs going to these workers
The U.S. job market has undergone a disruptive restructuring, a new study shows.
McDonald's shares jump on strong 3Q numbers
McDonald's is putting up positive same-store sales growth for the 13th consecutive quarter and it's topped Wall Street profit and revenue expectations for the third quarter.
Uber Eats expanding to cover 70% of US population
The growth will be achieved by the end of 2018.
Saudi forum highlights crown prince's shifting fortunes
A high-profile economic forum in Saudi Arabia has begun in Riyadh, the kingdom's first major event on the world stage since the killing of writer Jamal Khashoggi at the Saudi Consulate in Istanbul earlier this month.
Democrats, not stock volatility, biggest risk to economic recovery: Larry Kudlow
A midterm shake-up may be a lot worse than a volatile stock market.
Puerto Ricans fight for insurance money a year after Maria
Thousands of Puerto Ricans have been forced to drain their savings, close their businesses, or resign themselves to living with structural damage as they fight insurance companies over millions of dollars' worth of claims that have gone unanswered or unpaid more than a year after Hurricane Maria.
China’s WTO membership cost US 3.4 million jobs
The growing trade deficit with China is hitting jobs and wages.
Philip Morris woos puff-happy Japan for post-smoking era
Philip Morris, maker of Marlboro and other major cigarette brands, is maneuvering to keep itself in business in a post-smoking world with an advertising blitz in puff-happy Japan and other tobacco-loving markets.
Dow plunges more than 400 points; global market turmoil spreads after major declines in Europe, Asia
Dow plunges more than 400 points; global market turmoil spreads after major declines in Europe, Asia.
Business writer William D. Cohan writing book on GE decline
Business writer and best-selling author William D. Cohan is working on a book on the rise and fall of General Electric.
Dyson to build electric car in Singapore, aiming at China
Dyson, the British company best known for innovative vacuum cleaners, says it will build its electric car in Singapore.
BMW to recall 1.6 million vehicles worldwide over fire risk
Automaker BMW says it is expanding a recall to cover 1.6 million vehicles worldwide due to possible fluid leaks that could result in a fire.














